The committee of RSWM has approved the scheme of arrangement for de-merger of its strategic investment division into Bhilwara Technical Textiles.Further, the committee has also approved the exchange ratio of 10 equity shares of face value Rs 1 each in the resultant company i.e. Bhilwara Technical Textiles for every 4 shares of Rs 10 each held in the de-merged company.This was approved at the committee meeting held on 27 November 2007.
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